Radian Group
181 hedge funds and large institutions have $3.78B invested in Radian Group in 2013 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 69 increasing their positions, 56 reducing their positions, and 29 closing their positions.
48% more call options, than puts
Call options by funds: $108M | Put options by funds: $73.3M
23% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 56
23% more capital invested
Capital invested by funds: $3.08B → $3.78B (+$702M)
21% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 29
6.79% more ownership
Funds ownership: 96.24% → 103.02% (+6.8%)
1% more funds holding
Funds holding: 180 → 181 (+1)
50% less funds holding in top 10
Funds holding in top 10: 8 → 4 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Maverick Capital
Dallas,
Texas
|
+$46.9M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$46.3M |
| 3 |
SFM
Soros Fund Management
New York
|
+$22.1M |
| 4 |
ZDA
Zweig-DiMenna Associates
New York
|
+$18.8M |
| 5 |
Bank of New York Mellon
New York
|
+$18.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Senvest Management
New York
|
-$33M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$23.7M |
| 3 |
BC
Brinker Capital
Berwyn,
Pennsylvania
|
-$13.2M |
| 4 |
JCG
JHL Capital Group
Chicago,
Illinois
|
-$12.8M |
| 5 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$7.65M |
RDN Hedge Fund Activity: Q3 2013 in Review
181 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Radian Group (RDN) for Q3 2013, worth a combined $3.78B — up 23% from $3.08B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new RDN positions and 29 closed out — a net gain of 6 holders — while 69 added to existing stakes and 56 trimmed.
The largest buyer was Maverick Capital, opening a new position worth an estimated $46.9M. The largest seller was Senvest Management, cutting an estimated $33M.
- 181 institutional investors held Radian Group (RDN) as of Q3 2013, up from 180 in Q2 2013.
- Funds reported $3.78B of Radian Group stock for Q3 2013, up 23% quarter-over-quarter.
- 35 funds opened new Radian Group positions in Q3 2013 and 29 closed out, a net change of +6 holders.
- The largest Radian Group buyer in Q3 2013 was Maverick Capital, an estimated $46.9M added.
- The largest Radian Group seller in Q3 2013 was Senvest Management, an estimated $33M sold.
Based on aggregated 13F filings for Q3 2013.